Legal &amp; Regulation http://www.hedgeweek.com/taxonomy/term/65/all en The Cayman Islands Limited Liability Company http://www.hedgeweek.com/2016/06/20/240727/cayman-islands-limited-liability-company <p><em>By Ebony Myles-Berry, International Management Services &ndash; <strong>In December 2015, the Cayman Islands published the Limited Liability Companies Bill that introduced the Cayman Islands Limited Liability Company (the &ldquo;Cayman LLC&rdquo;).&nbsp; The Cayman LLC is modelled on both the Delaware Limited Liability Companies law and Cayman Islands legislation. The Cayman LLC combines characteristics of a Cayman Islands exempted company and a Cayman Islands exempted partnership. The new vehicle is designed to allow more flexibility to Cayman Islands structures with the addition of a vehicle type that is very familiar to fund managers. &nbsp;</strong></em></p> <p><a href="http://www.hedgeweek.com/2016/06/20/240727/cayman-islands-limited-liability-company" target="_blank">read more</a></p> Legal & Regulation Mon, 20 Jun 2016 07:41:59 +0000 mkitchen 240727 at http://www.hedgeweek.com AIFs and UCITS - What’s next…? Part 2: SGSS European Roadshow http://www.hedgeweek.com/2016/06/16/240662/aifs-and-ucits-what%E2%80%99s-next-part-2-sgss-european-roadshow <p><em><strong>Such has been the pace of regulatory change in recent years that there now appears to be a degree of overlap between UCITS V and AIFMD as European regulators and the European Commission commit to enhancing investor protection, not just in UCITS funds but all alternative investment funds. With UCITS V now live, there are areas of common ground with AIFMD, principally regarding the depositary liability sanctions regime and the remuneration regime. &nbsp;</strong></em></p> <p><a href="http://www.hedgeweek.com/2016/06/16/240662/aifs-and-ucits-what%E2%80%99s-next-part-2-sgss-european-roadshow" target="_blank">read more</a></p> Legal & Regulation Thu, 16 Jun 2016 09:50:58 +0000 mkitchen 240662 at http://www.hedgeweek.com CME Group welcomes ESMA recognition http://www.hedgeweek.com/2016/06/15/240601/cme-group-welcomes-esma-recognition <p><strong><em>CME Group Executive Chairman and President Terry Duffy has welcomed the European Securities and Markets Authority&#39;s (ESMA) recognition of CME Inc under EU regulations.</em></strong></p> <p><a href="http://www.hedgeweek.com/2016/06/15/240601/cme-group-welcomes-esma-recognition" target="_blank">read more</a></p> Europe Legal & Regulation Wed, 15 Jun 2016 08:04:12 +0000 leahrenee09 240601 at http://www.hedgeweek.com Regulatory reporting the smart way http://www.hedgeweek.com/2016/06/09/240418/regulatory-reporting-smart-way <p><em><strong>KNEIP is one of the fund industry&#39;s foremost legal and regulatory report providers. Over the years it has helped traditional asset managers overcome the data management complexities of regulated UCITS funds.</strong></em></p> <p><a href="http://www.hedgeweek.com/2016/06/09/240418/regulatory-reporting-smart-way" target="_blank">read more</a></p> Legal & Regulation Technology and software solutions Thu, 09 Jun 2016 11:01:37 +0000 mkitchen 240418 at http://www.hedgeweek.com CFTC charges Haena Park and her companies with misappropriation and fraud http://www.hedgeweek.com/2016/06/06/240236/cftc-charges-haena-park-and-her-companies-misappropriation-and-fraud <p><strong><em>The US CFTC has charged&nbsp;Haena Park (Park) and her companies Phaetra Capital GP, a/k/a/ Argenta Capital GP LLC, Phaetra Capital Management LP, a/k/a Argenta Capital LLC, and Argenta Group LLC, with fraudulently operating a commodity pool and misappropriation of pool participants&rsquo; assets.&nbsp;</em></strong></p> <p><a href="http://www.hedgeweek.com/2016/06/06/240236/cftc-charges-haena-park-and-her-companies-misappropriation-and-fraud" target="_blank">read more</a></p> North America Legal & Regulation Mon, 06 Jun 2016 08:08:18 +0000 240236 at http://www.hedgeweek.com Bitcoin exchange Bitfinex hit with USD75,000 CFTC penalty http://www.hedgeweek.com/2016/06/03/240191/bitcoin-exchange-bitfinex-hit-usd75000-cftc-penalty <p><strong><em>The US CFTC has ordered Hong Kong-based bitcoin exchange, BFXNA Inc (Bitfinex) to pay a USD75,000 civil penalty for offering illegal off-exchange financed retail commodity transactions in bitcoin and other cryptocurrencies.</em></strong></p> <p><a href="http://www.hedgeweek.com/2016/06/03/240191/bitcoin-exchange-bitfinex-hit-usd75000-cftc-penalty" target="_blank">read more</a></p> North America Legal & Regulation Fri, 03 Jun 2016 08:23:15 +0000 240191 at http://www.hedgeweek.com RIMES brings buy-side compliance teams together ahead of forthcoming regulation http://www.hedgeweek.com/2016/05/31/240067/rimes-brings-buy-side-compliance-teams-together-ahead-forthcoming-regulation <p><em><strong>RIMES, a provider of managed data services for the buy-side, is hosting its inaugural Regulatory Seminar on 9 June in London, bringing together compliance managers from within the buy-side industry ahead of months of significant regulatory change.</strong></em></p> <p><a href="http://www.hedgeweek.com/2016/05/31/240067/rimes-brings-buy-side-compliance-teams-together-ahead-forthcoming-regulation" target="_blank">read more</a></p> Legal & Regulation Tue, 31 May 2016 15:51:29 +0000 240067 at http://www.hedgeweek.com Chapter 2: Regulations & compliance http://www.hedgeweek.com/2016/05/16/239550/chapter-2-regulations-compliance <p><em><strong>US hedge fund managers face significant regulatory requirements, which this chapter cannot possibly cover in detail. But there are a few key areas of particular import, which shall be summarised below. In addition, this chapter will highlight some of the key considerations for implementing a compliance manual; a must-do task for any ambitious start-up manager who intends to incorporate best practices from the get-go and place themselves in the best possible light with prospective investors.</strong></em></p> <p><a href="http://www.hedgeweek.com/2016/05/16/239550/chapter-2-regulations-compliance" target="_blank">read more</a></p> Legal & Regulation Mon, 16 May 2016 11:41:20 +0000 mkitchen 239550 at http://www.hedgeweek.com Financial budgeting: One chance to succeed http://www.hedgeweek.com/2016/05/16/239549/financial-budgeting-one-chance-succeed <p><em><strong>Planning a hedge fund launch is a serious business. People need to decide whether they are truly ready, both financially and mentally, and be confident in their investment strategy. This may sound trite but all too often start-ups rush to get a hedge fund in place without clearly thinking everything through.&nbsp;</strong></em></p> <p><a href="http://www.hedgeweek.com/2016/05/16/239549/financial-budgeting-one-chance-succeed" target="_blank">read more</a></p> Legal & Regulation Mon, 16 May 2016 11:37:28 +0000 mkitchen 239549 at http://www.hedgeweek.com Structuring a tax-efficient hedge fund http://www.hedgeweek.com/2016/05/16/239548/structuring-tax-efficient-hedge-fund <p><em><strong>When embarking on any new business, it&#39;s important that one not only engages professionals with deep industry knowledge but also commercial knowledge to support the various stages of business growth. For anyone establishing a hedge fund, their needs are going to change as their business evolves from launch to maturity.</strong></em></p> <p><a href="http://www.hedgeweek.com/2016/05/16/239548/structuring-tax-efficient-hedge-fund" target="_blank">read more</a></p> Legal & Regulation Mon, 16 May 2016 11:22:43 +0000 mkitchen 239548 at http://www.hedgeweek.com Chapter 1: Legal & tax structuring http://www.hedgeweek.com/2016/05/16/239547/chapter-1-legal-tax-structuring <p><em><strong>The two key questions that will drive fund structuring decisions are: Where is the money coming from and what do you want to do with it?</strong></em></p> <p><a href="http://www.hedgeweek.com/2016/05/16/239547/chapter-1-legal-tax-structuring" target="_blank">read more</a></p> Legal & Regulation Mon, 16 May 2016 11:17:53 +0000 mkitchen 239547 at http://www.hedgeweek.com Cunningham Commodities and Salvatore Carmen Russo pay USD150,000 to settle CFTC charges http://www.hedgeweek.com/2016/05/10/239314/cunningham-commodities-and-salvatore-carmen-russo-pay-usd150000-settle-cftc-charge <p><strong><em>The US Commodity Futures Trading Commission (CFTC) has issued an Order filing and simultaneously settling charges against Cunningham Commodities, LLC (Cunningham), a registered Futures Commission Merchant (FCM) based in Chicago, Illinois.&nbsp;</em></strong></p> <p><a href="http://www.hedgeweek.com/2016/05/10/239314/cunningham-commodities-and-salvatore-carmen-russo-pay-usd150000-settle-cftc-charge" target="_blank">read more</a></p> North America Legal & Regulation Tue, 10 May 2016 08:12:06 +0000 239314 at http://www.hedgeweek.com CFTC approves final rule on amendments to the swap portfolio reconciliation requirement http://www.hedgeweek.com/2016/05/03/239052/cftc-approves-final-rule-amendments-swap-portfolio-reconciliation-requirement <p><strong><em>The US CFTC has approved a final rule to amend a requirement that swap dealers (SD) and major swap participants (MSP) exchange the terms of swaps with their counterparties for portfolio reconciliation so that SDs and MSPs need only exchange the &ldquo;material terms&rdquo; of swaps.&nbsp;</em></strong></p> <p><a href="http://www.hedgeweek.com/2016/05/03/239052/cftc-approves-final-rule-amendments-swap-portfolio-reconciliation-requirement" target="_blank">read more</a></p> Legal & Regulation Tue, 03 May 2016 08:34:36 +0000 239052 at http://www.hedgeweek.com Moore’s Law and financial reporting - KNEIP’s Delphine Leruth considers how technological advances are impacting regulatory reporting requirements… http://www.hedgeweek.com/2016/04/27/238935/moores-law-kneip <p><em><strong>The theory behind Moore&rsquo;s Law is that computer processing power doubles every two years. And whilst technology advancements are benefiting global industry at large, within asset management it is beginning to blur the lines with respect to data and the myriad reports that regulators have required within recent years.</strong></em></p> <p><a href="http://www.hedgeweek.com/2016/04/27/238935/moores-law-kneip" target="_blank">read more</a></p> Legal & Regulation Wed, 27 Apr 2016 11:10:04 +0000 mkitchen 238935 at http://www.hedgeweek.com Seventh heaven - KNEIP's Mario Mantrisi highlights seven good reasons for fund managers to consider a PRIIPs implementation strategy… http://www.hedgeweek.com/2016/04/14/238474/seventh-heaven <p><em><strong>On 31 December, 2016 the Financial Industry will go live with PRIIPs regulation. The regulation will introduce the Key Investor Document (KID), a maximum three-page document, written in plain language that must be shared with all retail investors before they enter into a contractual agreement on any Packaged Financial and Insurance based product.</strong></em></p> <div class="field field-type-text field-field-replacement-label"> <div class="field-items"> <div class="field-item odd"> In Focus </div> </div> </div> <p><a href="http://www.hedgeweek.com/2016/04/14/238474/seventh-heaven" target="_blank">read more</a></p> Legal & Regulation Thu, 14 Apr 2016 14:27:56 +0000 mkitchen 238474 at http://www.hedgeweek.com